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NetSuite
Business Honor
19 July, 2025
Paystand enhances blockchain payments with NetSuite integration, streamlining B2B transactions and financial workflows.
Paystand, the blockchain-based payments company, has strengthened its technology ecosystem with extensive ERP integrations, such as with NetSuite, a global leader in cloud-based Enterprise Resource Planning (ERP) software. This integration promises to simplify B2B payment procedures, enabling businesses to enjoy smooth payment reconciliation and richer financial workflows. With a position in the top 75 fintech companies worldwide, in the payments category, on CNBC/Statista's 2025 list, Paystand keeps redefining how companies deal with payments. The integration with NetSuite is one of Paystand's goals to eradicate outdated, costly financial systems, like credit cards and checks, by leveraging the potential of blockchain technology. Not only does Paystand save businesses up to 50% on transactions, but also accelerates cash flow as payments receive 30% sooner.
Paystand's blockchain platform, including its Assurety blockchain ledger, has already handled more than $14 billion in payments at no cost. Its expanding network boasts 1 million+ payers, and its integration with NetSuite allows companies to reconcile payments directly within their accounting systems to simplify procedures. The new feature also makes it easier for companies to automate financial processes, boosting speed and accuracy.
The NetSuite integration is part of Paystand's broader mission to mainstream blockchain-based payment for small businesses, mid-sized businesses, and enterprises alike. By integrating directly with leading ERP solutions like NetSuite, Paystand is enabling businesses to leave behind outdated legacy payments and migrate to more efficient digital alternatives, aligning with today's expectations around reconciliation automation and real-time financial transparency. This intersection places Paystand in the vanguard of the next evolution in financial technology, enabling businesses to use a safer, more open, and more streamlined way of making transactions in an ever-evolving digital economy.